COMMERCIAL.

Globe, Volume I, Issue 61, 10 August 1874, Page 2

COMMERCIAL.

Globe Office, Monday. The amount of land sold at the auction on the the 4th, at the Waste Lauds Board, amounted to *6lO 15s. It was further adjourned till the sth, when £BBB 7s 3d was received. The following are the districts in which the land was situated, viz

The grain market remains quite inanimate, few or no transactions being reported. Advices from Sydney to 17 1 h duly, state--* 1 We are quite of opinion prices will still be easier, as the public telegrams, under date London, lltli July, note lire corn market as drooping, the finer qualities of Adelaide fetching 62s to C4s ; New Zealand 56s to 60s ; Adelaide flour, £4l to £45. The Californian crop is nearly double that of 1873. In view of tills Information, and (lie South Australians having yet some 40,000 tons for export, we fully expect a further decline.” Jb'rom Adelaide, also, advices report a drooping market, so that prices are not likely to revive here this season. Flour maintains late quotations ot £ll 10s in 20010. sacks. Oats are getting scarce, and 4s Cd is now being paid for prime samples. Butter is quiet, but stocks are very low. Cheese is in steady demand at ’ 6d to 6id. Hams and bacon, to lid. Business in tile import market during the past week has been dull; very few sales of note have taken place. Sales arc almost wholly confined to trade parcels. Stocks have been increased by the arrival of the barque Syren, from Loudon, on Ist instant, with full cargo of general merchandise. We are pleased to note goods are coming’ to hand freely from vessels discharging'in Port. The s.s. At rato and ship Wennington are the only vessels laid on for Loudon, the former via Cape. Both are expected to get away about loth ilist. We note the Northampton and Stonehouse are laid on for San Francisco. Spirits.—Hemiessy’s pule brandy still commands Jos ‘.id ; Martell's dark, lbs 3d io ms 6d; second brands, 8s ,6d ; IF massy's case, 31.; od. A moderate business has been done in these lines at

the above quotations. A few sales of JDKZ Geneva have hcou made at 15s to lbs. .A fair business lias been done in sugars, at full rates. \\ e note the arrival, per Albion, of r>o tons Refinery sugars, which will be ollercd to the trade in a few days. Teas continue very quiet, only a few trade parcels have been quitted at, moderate rates. We havelittle to report in bottled ales and stout, with the exception of a lew small parcels nothing has been done: wc quote 11s (id to 11s Oil for best brands. Candles are in request at Hd. Kerosene find buyers at 2s 3d d.p. Cement in good request; 23s (id could be obtained for immediate requirements. Galvanised iron, best brands), dull at 365. Blue countess slates 20 x 10, dull of sale; the market is well Stocked, Ucould only be obtained for a shipment. English lions are difficult to place at reduced rates ; we hear of several shipments oileriug 1 at Is 8a to Is Ocl. ine depression in the market for English hops is owing to the abundant supply of Tasmanian Imps, sales ot which have been made at Is to Is 2d. Several auction sales have taken place during the week, blit business transacted has been unimportant.

Messrs IT. Matson and Co. reportonthc live stock market Arc, as follows : —9O head of cattle, aud about ll»0 sheep, came to hand. The attendance of purchasers was large, aud biddings came freely throughout the sale, lit cattle, we sold si head for various owners, including a few exceptionally prime animals, brought to hand by Mr Samuel Garfort h, which sold from £ls to ,£2O, and £lO 10s each, .Cs las to .CO 10s, and ,C 7 10s to .£8 5s per head was realised for ordinary to fair beef We quote beef at 27s ed to 30s per loolbs, with a rising market. Store cattle sold remarkably well. In sheep, our sales comprised 510 for Messrs 13. M. Templar, O’Callaghan, llaydon, Mcßeth, and others. Wc sold cross-breds at 17s, 17s Gd to 2ls Gd per bead ; merinos, ordinary, 11s, 12s od to 13s per head. Wc quote mutton 3d to 3*d per lb. During the next few weeks we anticipate having ample supplies through the yards ; the great scarcity of feed compelling holders to soil, but alter that period we look for a steady rise in values until after shearing. Store stock —Several large sales of station-bred cattle have been made, at prices which must leave a considerable margin for profit to the purchasers. Sheepskins, Hides, &e. —Only a small supply to band tins week, which sold well. Rest cross-breds from 5s 8d to 6s 5d ; best mei iuo from Is (id to os (id each. Hides—unsold. Rough fat, 2d per lb.

Mr IT. E. Alport reports having lu'lcl the following important salt’s by auction at Akaroa. on account of Mr George Ano st roup:-On Wednesday last at Mr Armstrong’s salerooms, near the Jolty, Akaroa, held an unreserved dealing sale of his stock of groceries, oilman’s stores, men’s clothing - , hosiery, earthenware, kerosene, sherry wine. Ac. Had a large attendance of buyers, and excellent prices were obtained. On Thursday, at Mr Armstrong’s, Mount Vernon Farm, sold tot head of cattle, as follows:—Fat steers, cows, and heifers, from £4 tits to £7 17s (id ; store steers and spayed cows, from £3 5s to £5 ; two-year-old springing heifers, £3 to £5 7s (id; so half-bred hoggets brought 10s ; cheese, 6Ad per lb ; bacon, 6d per lb ; hams, 8d per lb ; keg butter, per lb.

A. K. P. Timaru ... 26 3 0 AVaitangi ... 32 2 0 Ellesmere ... 10 0 0 Oxford ... 17 0 0 Malvern ... 6 0 0 Town of Waimate ... 2 1 39 Ashburton .. .. 38 0 0 Town of Timaru .. ... 0 3 0 Town of Ashburton .. 0 2 0 Town of Geraldine .. 1 0 0 ADJOURNED AUCTION. A. n. p. Christchurch .. 18 i ,0 Upper Christchurch .. IB 0 0 Asliley .. 37 2 0 .Lincoln .. a 0 0 Timaru .. 2 0 0 AVaitangi .. 10 2 0 Banks’ Peninsula .. .. 18 i 0 Oxford .. 13 0 0 Town of Waimate .. 0 0 39 Ashburton .. 30 3 25 Town of Timaru ... ... 2 1 0 Town of Ashburton .. 1 0 The land sold yesterday, at the ordinary sitting. amounted to 3293 acres 3 roods, realising T6609 1US. It is situated in the following Jistriets A. R. P. Christchurch .. 22 0 0 Upper Christchurch .. 11 0 0 Ashley ... 31 0 0 Lincoln .. 20 0 0 Timaru .. .. ' ..1083 0 0 AVaitangi .. -131 0 0 Lyttelton ..1150 0 0 AV aipara .. CO 0 0 Oxford .. 3 3 0